Birdwatch Note Rating
2025-01-13 22:15:22 UTC - HELPFUL
Rated by Participant: 96B3076300EE669BF17D2DB7CB2CD901E7283EC934B27183C089ED1EAB15EF8B
Participant Details
Original Note:
Corporation tax in the United Kingdom is levied on the profits earned by a company or association in an accounting period. https://www.gov.uk/corporation-tax In the 52 weeks to 29th October 2023 Morrisons reported pre-tax losses of £1.1 billion meaning that corporation tax was not due in that period. https://www.foodmanufacture.co.uk/Article/2024/03/13/Morrisons-reports-1.1bn-pre-tax-loss/
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